Johnson & Johnson (JNJ) stock price is attempting to gain positive momentum in its latest intraday trading, amid the dominance of the main bullish trend in the medium term, with price moving alongside a short-term minor trendline supporting this path, benefiting from the positive and dynamic pressure represented by trading above its 50-day SMA. In the background, the RSI is beginning to deliver positive signals after reaching extremely oversold levels.

Therefore we expect the stock price to rise during its upcoming trading sessions, as long as it remains stable above the support level at $235.45, targeting the key resistance level at $251.70.

Today’s price forecast: Bullish

Oracle Corporation (ORCL) stock price is holding on to consecutive losses in its latest intraday trading, amid continued negative and dynamic pressure represented by trading below its 50-day SMA, which reinforces the stability and dominance of the main short-term bearish trend, with price moving alongside a supporting trendline for this path. In addition, the RSI continues to deliver negative signals after reaching extremely overbought levels.

Therefore we expect the stock price to decline during its upcoming trading sessions, as long as resistance at $171.75 remains intact, targeting the key support level at $135.25.

Today’s price forecast: Bearish

Costco Wholesale Corporation (COST) stock price declined in its latest intraday trading, as it attempts to gain positive momentum that could help it recover and rise again, amid the dominance of a short-term corrective bullish trend, with price moving alongside a supporting trendline. In addition, positive pressure continues as the stock trades above its 50-day SMA, while the RSI continues to deliver positive signals in the background.

Therefore we expect the stock price to rise during its upcoming trading sessions, as long as it remains stable above the support level at $980.00, targeting the resistance level at $1,028.

Today’s price forecast: Bullish

Coffee prices repeatedly provided positive closes above the main support level of 275.90, activating with stochastic positivity by forming a new bullish rally, to settle near 292.70.

The continuation of providing positive momentum by the main indicators will reinforce the chances of reaching towards the barrier at 301.00, and surpassing it will confirm its readiness to recover new gains that might begin at 307.10 reaching %78.2 Fibonacci correction level at 316.75.

The expected trading range for today is between 283.00 and 307.10

Trend forecast: Bullish